# Rupee falls for 2nd day, declines 28 paise to 72.90 against dollar | Money & Forex Markets - Business Standard

> The rupee fell 28 paise to 72.90 per dollar, its second straight session of losses, as domestic equities were muted. The currency has lost 45 paise over two sessions, while the dollar index rose slightly to 89.83.

- Date: 2021-06-01 · published 2021-06-01T12:00:00.000Z
- Category: market · region India · magnitude low
- Page: https://feedsoft.ai/events/46888-rupee-falls-for-2nd-day-declines-28-paise-to-72-90-against-dollar-money-and
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

A weaker rupee raises the cost of dollar-priced feed imports for India. The move is a short-term market fluctuation with limited global price impact.

## Read by commodity

- USDINR: bullish ▲

## Sources

- business-standard.com: https://www.business-standard.com/article/finance/rupee-falls-for-2nd-day-declines-28-paise-to-72-90-against-dollar-121060100869_1.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.